58-5-41. Voting rights of members of domestic mutual insurer.The bylaws of a domestic mutual insurer shall provide that each member is entitled to one vote upon each matter coming to a vote at meetings of members and that a member shall have the right to vote in person or by his written proxy. Such proxy shall be for a reasonable specified period of time subject to revocation by a member at any time by written notice to the secretary of the company. Source: SL 1966, ch 111, ch 16, §16 (2) (a).
South Dakota Legal Code